A Solar PV Balance-of-System or BOS refers to the components and equipment that move DC energy produced by solar panels through the conversion system which in turn produces AC electricity. Most often, BOS refers to all components of a PV system other than the modules.
This report contains market size and forecasts of PV BOS Equipment in Global, including the following market information:
- Global PV BOS Equipment Market Revenue, 2018-2023, 2023-2030, ($ millions)
- Global top five companies in 2022 (%)
The global PV BOS Equipment market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Inverter Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of PV BOS Equipment include Huawei, Sungrow Power, SMA, Power Electronics, FIMER, SiNENG, GoodWe, SolarEdge Technologies and Ingeteam, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the PV BOS Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global PV BOS Equipment Market, by Type, 2018-2023, 2023-2030 ($ millions)
Global PV BOS Equipment Market Segment Percentages, by Type, 2022 (%)
- Inverter
- PV Mounting
- PV Cable
- Others
Global PV BOS Equipment Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global PV BOS Equipment Market Segment Percentages, by Application, 2022 (%)
- Residential
- Commercial
- Ground Station
Global PV BOS Equipment Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global PV BOS Equipment Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies PV BOS Equipment revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies PV BOS Equipment revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Huawei
- Sungrow Power
- SMA
- Power Electronics
- FIMER
- SiNENG
- GoodWe
- SolarEdge Technologies
- Ingeteam
- TBEA
- KSTAR
- Growatt
- Siemens (KACO)
- Delta Energy Systems
- GinLong
- Fronius
- Schneider Electric
- SOFARSOLAR
- Darfon Electronics
- Powerone Micro System
- Nextracker
- Arctech Solar Holding
- Array Technologies
- Jiangsu Guoqiang Zinc-plating Industrial
- Xiamen Bymea New Energy
- Soltec
- PV Hardware
- GameChange Solar
- Ideematec
- JiangSu Zhenjiang NewEnergy Equipment
- Tianjin Renhui New Energy Technology
- Solar Steel
- STI Norland
- ArcelorMittal (Exosun)
- Maibeite (Xiamen) New Energy
- Staubli
- CHINT
- Amphenol Industrial
- Shanghai Shenhua Cable
- Far East Cable
- Amercable Incorporated
